email : Webview : CCAC April 2023 Newsletter

CCAC April Newsletter

Monday, April 3, 2023

CCAC Hosts the Chicago Mayoral Candidates

CCAC members had the chance to hear the respective visions of the Chicago Mayoral Candidates in the traditional CCAC Member setting.

Brandon Johnson (center), Greg Hummel, CCAC Chairman (right), Mark Hopkins, CCAC Executive Director (left)

Brandon Johnson met with CCAC members on Wednesday, March 22 and Paul Vallas on Friday, March 24 at the University Club of Chicago.

Paul Vallas (second from left) Greg Hummel, CCAC Chairman (left), Patrick Cermak, Wight & Company President & COO (right) and Mark Hopkins, CCAC Executive Director (second from right)

Each candidate shared the priorities for their prospective administration, enlightened the audience with their vision for the continued development of Chicago and the central city as well as the South and West sides in particular.

While both candidates indicated they are focused on winning the election first, they did share that their organizations are already working on transition planning. CCAC has offered our assistance in that process.

Member Spotlight

The CCAC Chicago Mayoral Candidate Series would not have been possible without the generous support of Wight & Company.

Thank you to Patrick Cermak, Jim Mark and the entire Wight & Company team.

The firm is known for its design-led, design build solutions, innovative design with meaningful impact, and unprecedented savings of costs and time.

Save the Date: Tuesday, April 18, at 8:30 AM

The next CCAC member meeting will be taking place on Tuesday, April 18. We have invited the downtown aldermen to discuss their outlook for downtown and the central city. This event will be held at the Woman's Athletic Club at 626 N. Michigan Avenue. Breakfast will be served at 8:30 AM. Remarks will begin at 9:00 AM and everything will wrap up by 10:00 AM.

Thanks to CCAC member SmithGroup for hosting this event.

You will receive an email with further details and an RSVP link when the speakers are confirmed.

LaSalle Street Reimagined

Projects Awarded

Three adaptive reuse LaSalle Street Reimagined projects were approved by the City of Chicago and announced by Mayor Lori Lightfoot at a ceremony held in the historic Harris Bank Building on Monroe Street on March 28.

Congratulations to The Prime Group and Capri Interests for their 111 W. Monroe St. project, Riverside Investment & Development and AmTrust for the 135 S. LaSalle St. project, and to The Prime Group again for its 208. S. LaSalle Street project.

These three initiatives will bring over 1,000 new housing units to the LaSalle Street corridor, including 318 affordable units. That represents an almost 3,300% increase in affordable homes available in the area.

New City/Back of the Yards

INVEST South/West Project Breaks Ground

New City community leaders and residents gathered for the groundbreaking ceremony for the multi-phase INVEST South/West United Yards development getting underway on 47th Street and Ashland Avenue.

In addition to amazing food and hot drinks provided by local businesses on a cold early-March morning, 20th Ward Alderwoman Jeanette Taylor was joined by Mayor Lightfoot, Deputy Mayor Mayekar, DPD Commissioner Cox, World Business Chicago CEO Michael Fassnacht and many others to celebrate this innovative initiative.

United Yards is a $51.5 million joint venture of Celadon Partners and the Blackwood Group planned for multiple vacant and improved properties.

Chicago Community Trust

On Equitable Urban Design

Program and Discussion

Chicago Community Trust CEO Andrea Sáenz and her colleagues convened scores of individuals interested in development to hear from an esteemed panel who discussed equitable urban design in Chicago.

Carol Ross Barney, Lee Bey and Blair Kamin had a wide-ranging and interesting conversation moderated by Michael Davidson, CCT Senior Director of Community Impact that included numerous audience questions. Of particular interest was the panelists recommendations for the new Mayor on development priorities for the city.

2023 Membership Opportunities

Thank you once again for your membership in CCAC. Your participation ensures our ability to move forward on our plans and initiatives to improve Chicago and its central area for all Chicagoans.

In recent months, several members have brought new members to the organization and we're reaching out to you to consider doing the same. Please think about a friend or colleague at another firm who might be interested in the work of CCAC.

Our membership includes firms in architecture, design, planning, finance, law, development, construction, brokerage, evaluation, unions and many more segments. Please reach out to CCAC Executive Director Mark Hopkins if you have potential new members. He can be contacted at mhopkins@ccac.org.

www.ccac.org

(312) 602-5148

info@ccac.org

Manage your preferences | Opt out using TrueRemove™
Got this as a forward? Sign up to receive our future emails.
View this email online.

161 North Clark Street, Suite 4300
Chicago, IL | 60601 US

This email was sent to .
To continue receiving our emails, add us to your address book.